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Eighty per cent of patents in India are filed by foreigners

patents in India
Nation seminar on Intellectual Property Rights (IPR) and importance of patents to boost research? at LAD College, Nagpur

Smt. R.P College for Women Nagpur and LAD College (Shankar Nagar campus), on January 10, 2016, organised a national seminar on Intellectual Property Rights (IPR) and importance of patents to boost research. Technical sessions on introduction and importance of IPR, patentability of inventions, copyright, plagiarism and its relevance were the major takeaways from this seminar. This workshop was all about fundamentals of IPR and inventions that are not patentable in India.

Dr Shyamala Nair, Principal of LAD College in her speech, spoke about the achievements of LAD College and how committed the college has been in empowering women. Also, Nair urged all the students to exercise their creativity in the best possible way.

Dr Kane, Vice Chancellor of Rashtrasant Tukdoji Maharaj Nagpur University, while addressing the students during the seminar said that IPR and patents have now become the ?buzz words in academic circles. He also gave a brief introduction on the topic – Information and Communication Technologies and Internet. Kane said that through copyrights, intellectual property and patents, etc, knowledge transfer has become much easier today.

Dr Kane, while making the audience aware of procedures, techniques and other important information on patents, further said, Apart from plants and animals, all evolution and developments take place due to intellect. The two skills – reading and writing – are products of this intellect that facilitate knowledge transfer. And, the availability of knowledge transfer has made copyrights necessary. Almost 75% of our research on a daily basis is academic in nature. Various discoveries, science and their commercial usage have led to the implementation of patents.

During an interaction with Nation Next, Swapnil Gawande, Attorney for Copyrights and Patenting, said, There are very few science colleges in India who have conducted similar seminars and activities on the importance of IPR, inventions and their patents. Negligence of implementation of patentability is the biggest issue in India. Eighty per cent of applicants, who file for patents in India, are foreigners. So, for the awareness of the same, it’s a great idea to conduct such seminars and activities. Engineering and pharmacy colleges give more importance to such seminars than science colleges. This initiative will now help the students and faculty from the science department to get informed about patentability. I hope to see more applications for patents to be filed post this seminar. He further added, Instead of focusing more on the commercial aspect, an inventor should focus more on the research part of his work. He should check whether his invention could be patented or not. The country should be benefitted from his inventions.

Dr Bindu Sharma, Founder and CEO IP Solutions LLP Bangalore, who was one of the key speakers, told Nation Next, IPR in India is gaining more importance than ever before. Intellectual property is an intangible asset that needs to be protected well in order to extract maximum benefit out of it. New ideas and inventions should be documented; proper research regarding patents should be done. We need to protect and monetise these creations. Also, it’s extremely important for institutes to have an IP policy to define an IP Strategy (that the institution follows).

Dr Yenkie, Chaya Satpute, Pankaj Borkar, Dr Anuradha Gadkari, Dr U Guha and Dr DR Peshwe were the other guests who were present during the seminar. Dr JP Chawla Secretary of NUMTA and Dr Chitra Lade were the convener of the seminar. The national seminar was held at LAD Colleges Justice Bhavaishankar Niyogi Auditorium, which was organised under the aegis of IQAC and Research Development Cell of LAD College in collaboration with NU Microbiology Teachers Association.

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Sports

Virat Kohli complains of losing his unboxed phone in Nagpur

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Radhika Dhawad | Nagpur

Former Indian skipper Virat Kohli took to twitter to inform netizens that he had lost his brand new unboxed phone in Nagpur on Tuesday.

Kohli, who is in the city for first test match against Australia on Thursday,  said, “Nothing beats the sad feeling of losing your new phone without even unboxing it  Has anyone seen it?”

Food delivery app Zomato was quick to respond by asking the ace cricketer to ‘feel free to order an ice cream from his wife and actor Anushka Sharma’s phone.’ 

The tweet read, “feel free to order ice cream from bhabhi’s phone if that will help.” However, many users anticipated Kohli’s tweet to be an advertisement for a brand.

Also read: Anil Deshmukh granted permission to travel outside Mumbai

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Legal

Anil Deshmukh granted permission to travel outside Mumbai

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Radhika Dhawad | Bombuflat
Bombay High Court rejected stay plea filed by CBI paving way for the release of ex-Maharashtra Home Minister Anil Deshmukh.

Ex-Home Ministe Anil Deshmukh on Monday was granted permission to travel outside Mumbai for four weeks by a special court on Monday.

Nationalist Congress Party (NCP) leader and former Home Minister of Maharashtra Anil Deshmukh on Monday was granted permission to travel outside Mumbai for four weeks by a special court on Monday. Deshmukh had sought permission to visit his constituency, which is also his hometown, Nagpur. 

The application was filed by Deshmukh through his lawyer, Inderpal Singh, stating that he is a native of Nagpur with deep family roots in the city apart from being an elected representative of his constituency. 

“The applicant craves a benevolent indulgence of this court to permit him to travel outside Greater Mumbai, including District Nagpur, for a limited duration of about four weeks so as to maintain continuity in his social and family ties and also visit his original and permanent home/constituency,” the plea stated.



The plea further added that “the applicant needs to have due legal consultation with his lawyers in New Delhi for further course of strategy in the present and connected cases.”

Also read: All 31 days in January 2023 in Nagpur observed to be polluted, reveals study

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Governance

Interesting facts you didn’t know about Union Budget | Must Read

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Radhika Dhawad | Bombuflat

 

Finance Minister Nirmala Sitharaman presented Union Budget when she presented financial statements and tax proposals for fiscal year 2023-24.

Finance Minister Nirmala Sitharaman presented her fifth straight Union Budget when she presented financial statements and tax proposals for fiscal year 2023-24.

Here are some lesser known facts about Union Budget…

The British government presented India’s first ever Union Budget on April 7, 1860.

The first budget of independent India was presented by country’s first Finance Minister RK Shanmukham Chetty on November 26, 1947.

Even though traditionally, the finance ministers present the budget, Jawaharlal Nehru, Indira Gandhi and Rajiv Gandhi are the only Prime Ministers to have presented the Union Budget instead of Finance Ministers.

Until 1955, the Union Budget was presented in English. However, the Congress government then decided to print the Budget papers in both Hindi and English.

In 2019, Sitharaman became the second woman to table the budget after Indira Gandhi who presented the budget for the year 1970-71.

Earlier, the government tabled the rail budget separately for 92 years but since 2017, the rail budget was merged with the Union Budget.

Until 1999, the government tabled the Union Budget at 5 pm on the last working day of February as per British era practice but 

former Finance Minister Yashwant Sinha changed the timing to 11 am. Years after, late Finance Minister Arun Jaitely changed the budget presentation to February 1. 

There’s a customary event called the ‘halwa ceremony’ that is held every year ahead of the Union Budget. It is considered as a gesture of appreciation for all people who have worked on the Union Budget. 

To ensure the secrecy of the budget document, a lock-in process is followed – in which all the officials involved 

in preparing the Budget come out of Parliament’s North Block only after the Finance Minister has presented the budget.

In 2021, Sitharaman became the first to table paperless Union Budget.

Former Prime Minister Moraraji Desai holds the record of presenting 10 budgets as finance minister, which is the maximum so far.

Also read: Not a populist but a fiscal consolidation budget: CAMIT Chief Dr Dipen Agrawal

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